Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 7 January 2015

Reliance

Today, 830 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 830 is crucial for short term. Positional Traders, trade long above 830 for a target of 860. Trade short below 830 for a target of 810.

SBI

Today, 295 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 295 is crucial for short term. Positional Traders, trade long above 295 for a target of 308. Trade short below 295 for a target of 290.

Axis Bank

Today, 505 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 505 is crucial for short term. Positional Traders, trade long above 505 for a target of 515. Trade short below 505 for a target of 490.

Icici Bank

Today, 340 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 340 is crucial for short term. Positional Traders, trade long above 340 for a target of 355. Trade short below 340 for a target of 335.

Tata Steel

Today, 395 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 395 is crucial for short term. Positional Traders, trade long above 395 for a target of 410. Trade short below 395 for a target of 390.